Posted by SP0094701 > 2014-10-21 19:35 | Report Abuse

They act drama only let the public see . Actual all is control by them...

Posted by paulthesotong > 2014-10-21 22:42 | Report Abuse

Man needs face tree needs bark so do Ong!

Posted by fortunebullz > 2014-10-21 22:59 | Report Abuse

Well, smart investor already knew about this! Wink wink!

Posted by kudamuda > 2014-10-23 11:31 | Report Abuse

so now OSK become king maker for the merger?

Posted by hanting999 > 2014-10-23 17:04 | Report Abuse

Just close eyes buy OSK - No problem. The problem comes when you open your eyes. Make sure when OSK explodes, it does not explode onto you. What has OSK got? A printing machine to print shares.

Posted by paulthesotong > 2014-10-24 17:37 | Report Abuse

Ong unlikely to do " anything funny ' except demand 12 bucks.

Posted by SP0094701 > 2014-10-24 19:35 | Report Abuse

Osk holding RHB 10 % with prise rm 7.00++. I think OLH will accept the offer of rhb prise rm10.. what do you all think?????

Posted by hanting999 > 2014-10-24 20:47 | Report Abuse

If I were OLH, what would I do? This is my dream; How do I get to become a director of the new mega bank? Any ideas?

Posted by steady > 2014-10-24 20:52 | Report Abuse

@hanting999, you are right. As i said so, just forget about OSKP and PJDev. Just buy OSK, no way to get wrong.

Posted by Ravi Kumar > 2014-10-24 22:10 | Report Abuse

OLH got no money exchange share for share to increase his grip on OSK Holdings. I hope the CIMB-RHB-MBSB merger does not happen. Mind you, timeline is mid of next year.

Posted by hanting999 > 2014-10-24 22:52 | Report Abuse

Mr. Ravi, if your hope comes true, then my - oops - his dream of becoming a director of mega bank is gone. He is a rich man; he has the money. he just wants to keep it.

Posted by sephiroth > 2014-10-25 14:15 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/10/25/Highlevel-talks-seal-mega-bank-deal/?style=biz

Posted by sephiroth > 2014-10-25 14:16 | Report Abuse

THE proposed mega bank merger between CIMB Holdings Group Bhd, RHB Capital Bhd (RHB Cap)and Malaysia Building Society Bhd (MBSB) is pretty much a done deal, at least going by industry talk and a new media report.

On Friday, Singapore Business Times reported that owing to high-level talks between the leaders of Malaysia and Abu Dhabi, the key party in the merger, namely Aabar Investment, which is the second largest shareholder of RHB Cap with a 21.22% stake, has verbally agreed to vote in favour of the bank merger.

If true, this more or less clears all major hurdles toward the creation of Malaysia’s largest bank with an asset size of RM193bil.

But industry sources reckon that the top level cajoling certainly didn’t happen without carrots being dangled.

Sources say that in securing Aabar’s compliance, Aabar has likely been given an option to sell its 1MDB Energy Bhd IPO shares back to 1MDB at a price that will definitely cover any shortfall from the RHB Capital deal.

Aabar currently holds an option to subscribe to equity in 1MDB Energy, the power arm of 1Malaysia Development Bhd (1MDB) that is slated for a US$3bil (RM9.6bil) initial public offering (IPO) in February next year.

StarBizWeek had recently reported that Aabar is in an interesting position as it owns that crucial block in RHB Cap as well as the option to subscribe for equity in IMDB Energy, which puts it in a good position of leverage – if it doesn’t get a good deal on one, it could get a better deal on the other one to the extent that it covers any shortfall from the first one.

Aabar’s option for shares in 1MDB Energy comes after its parent, International Petroleum Investment Corp (IPIC), provided a guarantee to 1MDB for its US dollar debt papers for about US$3.5bil.

This was to help 1MDB fund the purchases of both the Tanjong and Genting power plants in 2012.

In return for the corporate guarantee from IPIC, 1MDB had given a 10-year option to Aabar to acquire up to 49% equity interests in the Tanjong plc and Genting Sanyen Sdn Bhd power plants when the energy division goes for listing. This option has a monetary value but it’s unclear how much this is worth.

Posted by hanting999 > 2014-10-25 15:37 | Report Abuse

"You scratch my head and I will scratch your head". This is too much. To please Aabar and to get the merger going a deal (by understanding) is brokered. I wonder what 'extra' OSK will get. Broker for more land for the new "property" entity, OLH Properties Bhd.

Posted by paulthesotong > 2014-10-26 21:10 | Report Abuse

Everythings will be settled when ah jib visit uae at end of this month.

Posted by Gheekong > 2014-10-27 02:12 | Report Abuse

Ong never wanted Pjd shareholders to convert to Osk hold. shares which is why he is offering you such a low price. If the offer is good and all the others were to accept, he would not be able to gain control of Osk hold. His shareholding would be less than 50% if all the other shareholders were to accept shares in Osk hold. Ong will lose around 150mil on Pjd ( base on NTA 2.54 ) but he will gain at least 350mil on Osk hold. when he increased his holding in Osk to 55%. It was never his intention for the rest to accept a share exchange. Maybe he will offer Pjd shareholders a better deal later but not now.

Posted by sephiroth > 2014-10-27 10:03 | Report Abuse

woah 2.21 to 2.24 all kena supu, no brainer mah, sure win loh

Posted by sephiroth > Oct 27, 2014 10:01 AM | Report Abuse X

osk oso sure win mah, no brainer, it's rhb stake value at 10.03 worth 2.57 billion wor, nav oredi 2.75 without taking into a/c the above loh, land & building worth 0.40 oso not revalued yet, prime land some more, do yr maths guys, tp min 2.50 max 3.20

Posted by sephiroth > 2014-10-27 10:04 | Report Abuse

pjd offer 1000% fail loh, s/holders not blind mah

Posted by sephiroth > 2014-10-27 10:06 | Report Abuse

but osk comfirmed makan olh's pjd stake at 1.60 , so damn good deal loh, some more osk makan olh's osprop stake at 2.00 or just pe 5.5X, so much value oredi in osk

Posted by steady > 2014-10-27 10:21 | Report Abuse

OSK babe, you are coming :) don't move so fast, i will need time to get money to buy you.....

Posted by SP0094701 > 2014-10-27 13:43 | Report Abuse

steady ....when it want to come it will very fast ......

Posted by MarvelLady > 2014-10-27 15:14 | Report Abuse

Gheekong.....u got a point there on OLH current intentions. I totally agree with u.

Posted by Gheekong > 2014-10-27 15:21 | Report Abuse

Thank u, glad to know I am not writing nonsense.

Posted by paulthesotong > 2014-10-27 17:14 | Report Abuse

Concur, but must sell rhb first then get cash n offer pjd at a higher price.

Posted by Gheekong > 2014-10-27 21:11 | Report Abuse

If he give shareholders 1/2 the proceed from the sales, he will receive more than 700mil which covers his investment in Pjd( 250 ) and Osk( 400 ). He gets his money back but he still controls Osk prop through Osk hold. Pjd becomes an associate co. of Osk hold. so he loses nothing. When he converts his warrants in the future, he will tighten his grip on Osk holding.

Posted by lcwin > 2014-10-28 09:53 | Report Abuse

If he give shareholders 1/2 the proceed from the sales, he will receive more than 700mil which covers his investment in Pjd( 250 ) and Osk( 400 ). He gets his money back but he still controls Osk prop through Osk hold. Pjd becomes an associate co. of Osk hold.

With low offer for PJ and OSKP he make sure this 2 company minorty will not take up the offer so OLH will benefit most as he dilute the share base of OSK with only his shares of PJ and OSKP injected into OSK.
Conclusion OLH still own same amount of total shares BUT He diluted minority shareholders in OSK share portion and taking an extra 2 to 300 millions cash from the whole exercise. Money for noting and chicks for free hahaha..... and thk you all.
Gheekong what do you think?

Posted by Gheekong > 2014-10-28 10:50 | Report Abuse

Icwin, I think same, same.

Posted by sephiroth > 2014-10-30 14:58 | Report Abuse

osk already gain so much by grabbing olh's pjd & oskp stake at such low PBV n PE
now 2.25 big roadblock wor, someone kasi sapu 5,178 lots loh, can or not

Posted by sephiroth > 2014-10-31 10:12 | Report Abuse

2.25 almost clear, left 715 lots only, 15 sen dividend + free warrants mah

Posted by hanting999 > 2014-10-31 10:21 | Report Abuse

Sephiroth, I believe OSK shareholders deserves much more than the 15 sen dividend + free warrants lah!! No wonder movement of OSK share prices is pretty sickening.

Posted by sephiroth > 2014-10-31 10:37 | Report Abuse

ya lor haunting, olh counter like this loh, gotta be really extremely patience, i hold almost 2 yrs already at 1.39 n already grab 12.5 sen dividend, rhb worth 10.03, aabar agree liau mah, min 2.70

Posted by opportunist > 2014-10-31 11:27 | Report Abuse

huge roadblock park above 2.25... suppressing the price from going up :))

Posted by hanting999 > 2014-10-31 17:09 | Report Abuse

What's happening? So sick!!!

Posted by lcwin > 2014-11-03 10:19 | Report Abuse

Everybody pls have patience bend down let OLH sodomise you a bit no need jelly ah just use subsidies die sel will do otherwise price of ky will limit up. Follow Sai bukakaki to road of richness by the back way...... Once Dato OLH is satisfied zahiri and betina you guy can play all you one!

Posted by sephiroth > 2014-11-03 10:48 | Report Abuse

byk roadblock clear, now 2.28 liau

Posted by always_steady > 2014-11-03 11:11 | Report Abuse

good move but should drop back to 2.05 first, else cannot top up. :(

Posted by sephiroth > 2014-11-03 15:53 | Report Abuse

big road block 2.30 onwards

Posted by opportunist > 2014-11-03 16:22 | Report Abuse

look like big announcement is imminent in the coming days i hope

Posted by sephiroth > 2014-11-03 16:45 | Report Abuse

clear 2.30/2.31 sell q

Posted by fortunebullz > 2014-11-03 21:01 | Report Abuse

Once mega bank confirm, OSK shot up pass the moon!

Posted by Teow > 2014-11-04 00:32 | Report Abuse

Agreed. Expect to shooy up by 3.20. Dont worry be happy

Posted by godbless88 > 2014-11-04 10:28 | Report Abuse

:)

Posted by Wong Kah Wei > 2014-11-04 11:40 | Report Abuse

wow!!!!coming...

Posted by hanting999 > 2014-11-04 11:58 | Report Abuse

Like sephiroth says; big road block at 2.37 onwards. Who's selling?

Posted by Wong Kah Wei > 2014-11-04 12:32 | Report Abuse

now at highway ald lo : )

Posted by fortunebullz > 2014-11-04 12:32 | Report Abuse

Looking at OSK trend, megabank is almost confirm!

Posted by SP0094701 > 2014-11-04 15:21 | Report Abuse

megabank....mega oskproperty ,pjd ....bonus issue and special dividen is waiting us ....somemore OLH goreng somemore can reach to rm4

Posted by opportunist > 2014-11-04 15:27 | Report Abuse

roadblock clear, cruising all the way

Posted by sephiroth > 2014-11-04 15:29 | Report Abuse

new roadblock appear at 2.40-2.42

Posted by lucky8888 > 2014-11-04 16:40 | Report Abuse

excuse me, pls give way...bulldozer is coming....hahaha!!